Advanced Material Development Ltd is pleased to announce it has raised in excess of £1.5M in new equity funding to further extend its nano-material research and development operations and support its government and industry partnerships in Europe and the US.
CEO John Lee said: “We are delighted to have received such strong support from both existing and new shareholders in this latest round of funding. This enables the company to extend a number of our existing projects and expedite those moving towards application and commercial outcomes with a rapidly expanding number of partner engagements.”
Advanced Material Development (AMD) is delighted to announce it has now incorporated in the United States and established an office presence in the Washington metropolitan area.
AMD CEO John Lee says “This is a key development in the AMD business plan. The U.S. effort has been the key thrust for our business in the last year and our success to date is notable. Our partners have urged us to establish a local presence and we now see this to be just the start of a huge growth opportunity for the company”